A daily on/off switch for the Nasdaq: hold JEPQ (income-focused Nasdaq) in healthy or washed‑out markets, flip to PSQ (short Nasdaq) when fear spikes, tech overheats, or bonds/dollar signal risk‑off. Uses broad trend, volatility, and rates cues.

It switches daily between two funds: - JEPQ: Nasdaq stocks with option income. - PSQ: moves up when the Nasdaq falls (1x inverse). It watches market thermometers: trend (price vs 200‑day avg), hot/cold moves (RSI, a 0–100 heat gauge), fear spikes (UVXY), tech heat (TQQQ/SOXL), bonds (TLT, BIL vs IEF), the dollar (UUP), and commodities (DBC). Own JEPQ in healthy or washed‑out markets; use PSQ when tech overheats or fear and rates say risk‑off. No leverage held.

Out-of-sample edge: Sharpe 1.59 vs 1.35, annualized return 28.9% vs 23.3%, drawdown 12.8% vs 18.8%, Calmar 2.25. Daily Nasdaq rotation seeks more upside with less risk than the S&P 500.